Of program it can guide to corruption as its an decentralized currency and no 1 can have manage on it so no 1 would know who is transacting and in that circumstance it can be utilized for corrupted pursuits.
It can lead to corruption worldwide because of its decentralization. Normally when some making investment in any investment institute like banks insurance companies etc. they are asking about the source of income. But here in bitcoin investment there is law for the investors to show his income tax return and wealth statement whether these money is earned by the person legally or not. So the corrupt people have the best option to purchase bitcoin and Utilize it theft money.
that is true, criminals can hide behind the scenes and use bitcoin to move their assets from country to country without being caught for money laundering because there will be exchanges to exchange those purchased bitcoins back into local fiats.